Union Bank 2 Lakh Rs Loan: If you are looking for a loan without a guarantee, then Union Bank of India is providing a golden opportunity for you. Now you can get a Union Bank 2 Lakh Rs Loan without any guarantee. Let’s know how to apply for a Union Bank 2 Lakh Rs Loan.
In today’s time, it is not easy to deal with sudden expenses and emergencies. In such a situation, immediate financial help is required. Union Bank’s new ‘Union Bank Pre-Approved Personal Loan’ scheme provides a solution to this problem. Under this Union Bank 2 Lakh Rs Loan scheme, Union Bank customers get the facility to easily get a loan without any guarantee or income proof. Let’s know the features of this scheme and the application process.
Features of the Union Bank 2 Lakh Rs Loan
- Pre-approved loan: Without any guarantee and income proof
- Instant financial help: Instant help for emergency expenses
- Simple process: Easy and quick application
Features and Benefits of Union Bank Pre-Approved Loan
Union Bank’s ‘Pre-Approved Personal Loan’ scheme is very beneficial. Under this scheme, Union Bank customers can easily avail a loan of Rs 50,000 to Rs 2 lakh. The biggest advantage of this facility is that it does not require any guarantor. Apart from this, you do not even need to provide proof of your income or any physical document.
To avail of this Bank Loan scheme, the bank’s customers can get a loan in just a few minutes. Customers do not even need to visit the bank branch as this service is also available online. By following just a few simple steps, you can apply for a loan from home and get money immediately.
The interest rates of this Union Bank loan scheme are also very competitive, which also gives relief to the customers in terms of interest. The loan repayment terms are also flexible so that customers can repay the installment as per their convenience.
This scheme is particularly beneficial for those who need money in an emergency, such as for medical expenses, education, wedding, or travel. Apart from this, this scheme is also helpful for those who want to expand their small business or invest in a new venture.
In short, Union Bank’s ‘Pre-Approved Personal Loan’ scheme provides financial assistance to customers in a hassle-free, quick and simple manner.
What is a pre-approved loan?
A pre-approved loan is a type of personal loan that a bank offers to select customers after approving it in advance. This means that the bank has already decided that you are eligible for a loan based on your credit score and banking history.
Process and Documents Required, you need the loan
To avail of the Union Bank’s ‘Pre-Approved Personal Loan’ facility, you will need only a few required documents. These include:
| Aadhaar Card | PAN Card |
| Salary Slip | Bank Statement |
| Aadhaar Number | Mobile Number |
| Union Bank Account |
Apart from this, you will also need to provide a live photo. The process is very easy and simple, allowing customers to avail this service without any hassle.
Application Process for The Union Bank se Loan
You can apply in two ways: online or by visiting the bank branch.
Process of Online Application:
- Download Mobile Application: First, download Union Bank’s mobile application ‘Vyom’ on your smartphone.
- Login: Login to the application with your Union Bank account details.
- Select Loan Section: Go to the ‘Loan’ section in the application and select the ‘Pre-Approved Personal Loan’ option.
- Fill out the Form: Fill in the required information and upload documents, such as Aadhaar Card, PAN Card, Salary Slip, Bank Statement, and Live Photo.
- Submit: After filling out the Union Bank 2 Lakh Rs Loan form, click on the submit button. You will get information about the status of your loan in no time. If you have any kind of problem during this process, you can get help from the customer care of the bank
Union Bank 2 Lakh Rs Loan Offline Mode
Visit bank branch: Visit your nearest Union Bank branch.
Submit documents: Fill the form with all the required documents like Aadhar card, PAN card, salary slip, bank statement, Aadhar number, mobile number, and live photo.
Submit the form: After submitting the form and documents, the bank staff will check your information and tell you about the status of the Union Bank 2 Lakh Rs Loan.
Other Features of the Bank Loan
- Timesaving: This process takes very little time, giving quick service to the customers.
- Paperwork reduction: Since very few documents are required for this loan, the paperwork is reduced.
- Security: All your information remains safe, and the bank’s privacy policies are followed.
- 24/7 service: Through the mobile application, you can apply for a loan anytime and anywhere.
This scheme of Union Bank is very beneficial for those customers who need immediate financial assistance. This loan scheme is suitable for medical emergencies, education, marriage, travel, or any other emergency. Apart from this, it is also beneficial for small businessmen and entrepreneurs who want to grow their businesses.
Thus, Union Bank’s ‘Pre-Approved Personal Loan’ scheme not only provides immediate financial assistance to the customers but also helps them meet their financial needs through a simple and convenient process.
